Core Scientific Holders Poised to Reject CoreWeave Merger, Jefferies Says
Jefferies expects Core Scientific (CORZ) shareholders to vote down the proposed merger with CoreWeave (CRWV) on Oct. 30, as CORZ shares trade about 18% above the implied offer price. The bank raised its price target to $24 from $22 and reiterated a buy rating, citing the company's 305 MW of capacity and strong AI data‑center demand as sufficient to generate standalone value. Proxy advisor ISS and major shareholder Two Seas Capital have also urged rejection, pointing to valuation and structural concerns. Even if the deal falls apart, Jefferies sees potential upside from leasing, power expansion, or a future REIT conversion.
Bitcoin, Ether Brace for $17B Options Expiry Amid Fed Meeting, Tech Company Earnings
Bitcoin and Ether options with a combined notional value of about $17 billion are set to expire on Friday on Deribit, comprising roughly $14.4 billion of Bitcoin contracts and $2.6 billion of Ether contracts. Prices are hovering near the max‑pain levels of $114,000...
Deutsche Digital Assets and Safello to List Staked Bittensor ETP on SIX Swiss Exchange
Deutsche Digital Assets and Nasdaq‑Nordic broker Safello will list the Safello Bittensor Staked TAO ETP (ticker STAO) on the SIX Swiss Exchange within weeks. The exchange‑traded product gives investors regulated exposure to Bittensor’s TAO token, combines price appreciation with automatically...
DBS, Goldman Sachs Execute First Over-the-Counter Interbank Crypto Options Trade
DBS Group and Goldman Sachs announced they completed the first over‑the‑counter cryptocurrency options trade between banks, executing cash‑settled Bitcoin and Ether options. The deal provides both institutions with a hedging tool for crypto‑linked exposure, mirroring traditional finance risk‑management practices. DBS...
Recent Bitcoin Crash Has Put $1B in sUSDe Loop Trades at Risk, Research Firm Says
A flash crash on October 10 sent Bitcoin tumbling and triggered a sharp drop in DeFi rates, putting roughly $1 billion of leveraged positions that use Ethena's staked USDe (sUSDe) at risk, according to Sentora Research. The popular sUSDe loop trade—where...
Tokenized Nasdaq Futures Enter Top 10 by Volume on Hyperliquid
Hyperliquid’s HIP‑3 upgrade launched the permissionless XYZ100 market, a tokenized Nasdaq‑100 futures contract that broke into the exchange’s top‑10 assets by daily volume, posting $72 million in 24‑hour volume and $55 million in open interest. To accommodate the surge, Hyperliquid raised its...
NFTs Are Coming Back but Blue Chip Projects Are on Life Support
NFT trading activity rebounded in Q3 2025, ending a two‑year slump that saw volumes and prices slide across the sector. The revival was led not by high‑profile blue‑chip collectibles or speculative art, but by lower‑cost utility NFTs such as loyalty‑program...
REP Jumps 50% in a Week as Dev Gets Community Support for Augur Fork
Augur developer Micah Zoltu has raised 200,000 REP to fund an algorithmic fork that will test the protocol’s built‑in dispute system and force inactive token holders to migrate or lose access. The fork will trigger a 60‑day migration window after...
Chainlink Underpins Balcony's $240B Real Estate Tokenization Platform
Balcony, a platform focused on tokenizing real‑estate assets, announced it will integrate Chainlink’s Runtime Environment (CRE) to feed more than $240 billion of government‑sourced property data onto its blockchain. The partnership leverages Chainlink’s decentralized oracle network to verify and deliver high‑quality,...
Crypto Market Edges Lower While US Stocks Hit New Highs
The cryptocurrency market slipped on Tuesday, with Bitcoin flat around $115,200 and Ethereum down 2% to $4,099, while other major tokens fell 1‑1.5%; small‑cap Hedera surged 12% and a few niche coins rose 7%. Global crypto market cap slipped to...
Western Union to Launch Stablecoin on Solana With Anchorage Digital
The U.S. dollar-pegged token is expected to become available in the first half of 2026.
Bitcoin's Offshoot, BCH, Edges Up 1% to Challenge Downtrend
Bitcoin Cash (BCH) edged up roughly 1% on higher-than-usual trading volume, hinting at underlying accumulation despite overall muted price action. The modest gain interrupts a recent downtrend and suggests that buyers are stepping in at current levels. Elevated volume reinforces...
Wealth Managers Scramble to Add Crypto as UAE's Ultra-Rich Demand Digital Assets
Swiss software firm Avaloq’s survey of UAE high‑net‑worth investors reveals a sharp rise in demand for digital assets, with more than half of respondents planning to allocate a portion of their portfolios to crypto. This surge is prompting private banks...
Watch These 4 Tripwires to Signal XRP Price Direction This Week
XRP entered the final week of October with rebuilt leverage and a working beta to Bitcoin that can be applied to near‑term ranges after a tariff shock. Aggregate open interest sits near $4.4 billion and funding rates have normalized to neutral‑to‑slightly‑positive,...
Heather 'Razzlekhan' Morgan's Release From Prison Wasn't Us, White House Says
Heather 'Razzlekhan' Morgan, a rapper and alleged Bitfinex hack participant, was released from prison earlier than her original sentence. She publicly claimed that former President Donald Trump intervened to secure her early release. A White House official refuted the allegation,...
XLM Gains 2.3% to $0.3314 as Payment Networks Drive Institutional Interest
XLM rose 2.3% in the past 24 hours to $0.3314, breaking a key resistance level as European‑session trading volume surged. The rally was fueled by heightened institutional interest in blockchain‑based payment networks, with several funds reportedly allocating capital to Stellar’s...
BNB Drops After $1.65B Token Burn, Eyes Resistance Near $1,150
Binance’s native token BNB slipped after the exchange announced a $1.65 billion token burn, pushing the price toward the $1,150 resistance level. The burn, which removed a sizable portion of circulating supply, is intended to make the token more deflationary and...
Hedera Jumps 25.7% Breaking Key Resistance as Spot ETF Launches
Hedera Hashgraph’s native token HBAR surged 25.7% to breach the $0.20 level, breaking a key resistance zone after Canary Capital’s HBAR exchange‑traded fund began trading on the NYSE. The launch was underpinned by institutional support from crypto custodian BitGo, providing...
ICP Hovers Around $3.20 Resistance With 115% Volume Surge
Internet Computer (ICP) edged up 1.6% to $3.22, hovering just above the $3.20 resistance level. Institutional trading volume jumped 115%, confirming a bullish breakout. The price action, backed by strong institutional demand, suggests potential upward momentum for the token.
US Spot Bitcoin ETF Balances Are Negative without BlackRock
U.S. spot Bitcoin ETFs have drawn roughly $26.9 billion in net inflows this year, but the surge is heavily concentrated in BlackRock’s iShares Bitcoin Trust (IBIT). After IBIT’s inflows slowed in late October, the remaining seven ETFs collectively posted net outflows,...
Solana ETFs Could Draw Over $3B If Bitcoin, Ether ETF Trends Repeat
Three spot ETFs tracking SOL, HBAR and LTC went live under ’33 Act structure on Tuesday.
Bitcoin Miners Sit on Prime Power Assets as AI Pivot Accelerates: Canaccord
Canaccord notes that bitcoin miners continue to generate almost all revenue in the crypto‑mining sector, even as market attention pivots toward artificial‑intelligence applications. The firms own high‑quality power assets—often located near cheap, renewable energy sources—that position them to supply the...
BOB Unveils Bitcoin Vault Liquidation Engine to Power BTC-Backed Stablecoin Lending
BOB launched a Bitcoin Vault Liquidation Engine that lets Bitcoin holders borrow stablecoins against their BTC while keeping the collateral secured on the Bitcoin blockchain. The engine automates liquidation of under‑collateralized positions through a vault mechanism, enhancing risk management and...
Ethena-Backed DEX Terminal Finance Reaches $280M in Pre-Launch Deposits
Terminal Finance, a decentralized exchange incubated by Ethena Labs, has secured $280 million in deposits before its public launch, signaling strong investor demand. The capital, sourced from a mix of institutional and retail participants, will underpin the platform’s low‑fee, high‑liquidity trading...
TeraWulf Stock Surges 22% After $9.5B Google-Backed AI Compute Deal With Fluidstack
TeraWulf, the former bitcoin miner now pivoting to AI infrastructure, announced a $9.5 billion partnership with Google‑backed Fluidstack to co‑develop a 168 MW data center in Texas. The agreement secures long‑term revenue streams for TeraWulf as the facility will provide AI compute...
PEPE Holds Key Support Level as Volume Surge Points to Whale Trading Activity
PEPE token held a key support level as trading volume surged 72% above its daily average, reaching 2.70 trillion tokens. The spike points to large‑scale investors, or whales, actively managing their positions. This heightened activity comes amid broader market volatility and...
CoinDesk 20 Performance Update: Hedera (HBAR) Surges 14.4% While Index Trades Lower
Filecoin (FIL) dropped 2.5% and Aave (AAVE) fell 2.2% from Monday.
Bitcoin Treasury Firm Strive Adds 72 BTC to Treasury After Warrant Exercises
Shares are down 13.5% early Tuesday after doubling the previous two sessions.
Does a Weaker Dollar Drive Bitcoin Price Now?
Bitcoin surged past $116,000, its highest level in two weeks, reigniting the common claim that it serves as an inflation hedge. However, analysts argue the rally reflects tighter dollar liquidity and lower discount rates rather than a direct hedge against...
Cathie Wood's Ark Invest Adds $30.9M of Shares in Jack Dorsey's Block
The buys were made across three Ark's ETFs.
Benchmark Sees Hut 8 as Hybrid AI–Bitcoin Power Play, Price Target Doubled to $78
Benchmark raised its price target for Hut 8 Mining Corp. to $78, doubling its previous estimate, after the company announced a strategic pivot from pure Bitcoin mining to owning and operating energy infrastructure. The broker views the move as creating...
Japan's $2T Payment Provider TIS Rolls Out Multi-Token Platform With Avalanche
Japan’s payment services giant TIS, which processes roughly $2 trillion in transactions annually, has launched a multi‑token platform built on Avalanche’s AvaCloud. The solution enables banks and corporations to issue, settle and manage stablecoins and other tokenized assets on a single...
Crypto Markets Today: BTC Holds at $114.5K, HBAR Soars on ETF News
Bitcoin held steady near $114,500 after Monday’s rally, while ether slipped modestly. Hedera Hashgraph’s HBAR surged sharply, outpacing other altcoins, on speculation surrounding a potential ETF filing. The broader crypto market paused, with limited price movement across major assets. The...
Figment Scales Coinbase Prime Staking as 2 ETFs With Yield Launch This Week
Figment announced it will expand its staking services on Coinbase Prime, allowing institutional clients to earn rewards on proof‑of‑stake assets such as Solana and Avalanche in custodial accounts. The rollout coincides with the launch of two new yield‑focused exchange‑traded funds...
Bitcoin Miner Core Scientific Upgraded to Buy on AI Data Center Boom: H.C. Wainwright
The investment bank upgraded the stock to buy from neutral and set a new price target of $25.
Citi Says Crypto’s Correlation With Stocks Tightens as Volatility Returns
The bank noted that bitcoin and ether are once again moving in step with U.S. equities and gold.
Circle, Issuer of USDC, Starts Testing Arc Blockchain With Big Institutions Onboard
Circle, the issuer of the USDC stablecoin, has launched a public testnet of its Arc blockchain and is already engaging major financial and technology firms such as BlackRock, HSBC, Visa, Amazon Web Services and AI startup Anthropic. The testnet’s early...
Has Bitcoin Peaked This Cycle or Is There More Fuel in the Tank?
Bitcoin is approaching what many analysts consider the apex of its current market cycle, with historical price patterns suggesting a peak is near. However, recent market structure—such as sustained buying pressure, narrowing volatility, and bullish order flow—indicates the rally could...
US Solana Staking ETFs Begin Trading Today: What It Changes for Altcoins
Four altcoin exchange‑traded funds launched on October 28, marking the first wave of U.S. spot crypto ETFs that do not track Bitcoin or Ethereum. The lineup includes the Bitwise Solana Staking ETF, which received listing notices from both NYSE and Nasdaq,...
Bitcoin Slips Ahead of Fed Week, DOGE, ETH Lead Losses as Traders Price in 4.25% Rate Cut
Bitcoin slipped as investors headed into the Federal Reserve’s policy week, while dogecoin and ether posted the steepest declines, reflecting market pricing in a projected 4.25% rate cut. Open interest surged from $25 billion to nearly $30 billion, signaling fresh leveraged inflows...
How a Bot Glitch Sent Hyperliquid’s HYPE Token Soaring to $98
A trading bot malfunction on the Lighter decentralized exchange caused Hyperliquid’s HYPE token to surge to nearly $100, reaching $98 before correcting. The price spike was not driven by a large whale order but by an automated error that temporarily...
Dogecoin Consolidates Below $0.21 With Cup-and-Handle Pattern Emerging
Dogecoin has held steady below the $0.21 level as a classic cup‑and‑handle chart pattern began to form, hinting at a potential upside breakout. Institutional wallets have been net‑longer on the meme coin, and derivatives data show a 9% rise in...
XRP Edges Higher to $2.63 as Volume Surges Signal Growing Trader Interest
XRP rose to $2.63, buoyed by a sharp increase in trading volume that points to heightened trader interest. On‑chain metrics reveal a 3.36% decline in exchange‑held reserves since early October, a pattern historically linked to accumulation phases. The drop in...
Preliminary Consensus on U.S.-China Trade Deal May Unlock Bitcoin Upside, Exchange Says
Flows have largely leaned bearish since the Oct. 10 crash.
Asia Morning Briefing: Crypto Markets Brace for a Pivotal Week as Trump–Xi Talks and Fed Decision Loom
Asian crypto markets are poised for a decisive week as traders anticipate a possible diplomatic breakthrough between former President Donald Trump and Chinese President Xi Jinping and a dovish pivot by the Federal Reserve, which they hope will reignite the...
AI Sector Rebounds as Agent Payment Systems Gain Traction
AI‑focused small‑cap tokens are rallying after a slump, with the Virtuals ecosystem jumping 84% in a week and its flagship coins TIBBIR and AIXBT gaining 27% and 54% respectively following Coinbase’s October 24 rollout of Virtuals‑based AI agent tokens. The...
MetaMask Fuels Airdrop Buzz With Token Claim Domain Registration
MetaMask registered the domains claim.metamask.io and gift.metamask.io, sparking fresh speculation that a native $MASK token airdrop is imminent. Polymarket odds for a 2025 launch jumped from 11% to over 40% before settling around 17% as the news spread across forums...
Landmark Ruling in India Treats XRP as Property, Not Speculation
A Madras High Court judge ruled that cryptocurrency, specifically XRP, is classified as property under Indian law and barred the exchange WazirX from reallocating a customer’s XRP holdings. The decision, issued by Justice N. Anand Venkatesh, arose from a dispute...
Crypto Phones Struggle as Solana Quietly Pulls Plug on Saga
Solana Mobile has discontinued software and security updates for its first‑generation Saga phone, leaving roughly 20,000 active units unsupported just over two years after its $1,000 launch and price cut to $599. The Saga’s failure, echoed by critics like Marques...
Chainlink's LINK Gains as Whales Accumulate $188M After October Crypto Crash
Chainlink’s native token LINK rallied after a wave of whale activity that moved roughly $188 million worth of LINK into wallets, while large holders pulled nearly 10 million tokens from Binance. The inflow came in the wake of the October crypto market...